That being said, Microsoft fans can rest easy because Microsoft has recently confirmed that they are indeed working on a virtual reality device. This comes via Phil Spencer, the Xbox’s new boss, when he spoke to Forbes. During the interview, Spencer admitted that virtual reality is an area in which Microsoft has been toying around with.

“Virtual reality is a really interesting area, especially for games, and while it seems like it’s been ‘just over the horizon’ for the last 20 years or so, I think we could finally start seeing it prove out soon for both gamers and developers,” says Spencer. Unfortunately unlike Project Morpheus or the Oculus Rift, it seems that Microsoft does not have anything to show to the masses yet.

Spencer adds, “Our Microsoft research team has been playing with virtual reality for quite a while, and while we don’t have anything to officially announce, it’s clearly an area people are excited about.” He also states that he believes that the potential is there and we’re sure that Facebook can more than agree with that sentiment.

In any case at this point, virtual reality still seems to be in its early stages yet and neither Sony nor Oculus VR appear to be ready to release a commercial version of their devices yet, but we’ll keep our eyes peeled anyway. In the meantime who else is excited that Microsoft is developing VR tech of their own?